After looking at the announcements from Faraday Future and AIXC, I’m really impressed by Jia Yue­ting’s next move—it’s indeed very smart. First, Faraday Future’s announcement says the focus will be on the robotics business, and it may even raise funds for the robotics business separately or pursue a separate listing. Then, AIXC’s announcement states it will downplay the cryptocurrency business and instead focus on developing robot leasing and related operations.
The subtle point is that although Jia Yue­ting is the actual controller of both Faraday Future and AIXC, the businesses of the two companies are relatively independent. So if AIXC wants to develop the robotics business, it has to first buy robots from Faraday Future.
That means Faraday Future sells robots to AIXC, and then AIXC leases out the robots. Not only can Faraday Future meet its sales targets, but AIXC can also complete its transformation and generate additional revenue—so you could say both companies’ businesses are fully revitalized.
However, for the robotics business to secure more orders, the key is whether Jia Yue­ting can get the robots into the hands of ordinary consumers. It remains to be seen whether Jia Yue­ting can open the door to the robotics market this time. $BNB